Tariffs to cause surge in home owners and car insurance rates

[Anonymous]

Are we winning yet? Good luck, Florida 👍🏼

https://www.brickergraydon.com/insights/publications/the-impact-of-tariffs-on-the-insurance-industry

https://www.businessinsurance.com/tariffs-will-drive-up-costs-for-insurance-markets-experts/

[Anonymous]

In addition, Trump has rescinded stricter building codes for natural disasters, and insurance rates will either rise or policies will be canceled outright.

https://www.npr.org/2025/02/20/nx-s1-5303478/fema-trump-building-codes-floods-hurricane-disasters

Cuts to NOAA will hamper hurricane prediction and further increase rates.

https://www.fastcompany.com/91286172/if-trump-guts-noaa-your-home-insurance-premiums-could-spike

[Anonymous]

Hey, you wanted EVs, lighter tin-can cars and several million people who had suspect driving skills to enter the market.

Many of those fancy cars are extremely expensive to repair. Never took that into consideration, did ya? Just the ole "if it feels good, do it".

Welp, here we are. We're living YOUR nirvana. Don't start complaining now. It's a little late.

[Anonymous]

Anonymous wrote:Hey, you wanted EVs, lighter tin-can cars and several million people who had suspect driving skills to enter the market.

Many of those fancy cars are extremely expensive to repair. Never took that into consideration, did ya? Just the ole "if it feels good, do it".

Welp, here we are. We're living YOUR nirvana. Don't start complaining now. It's a little late.

Blah blah blah

[Anonymous]

Anonymous wrote:Are we winning yet? Good luck, Florida 👍🏼

https://www.brickergraydon.com/insights/publications/the-impact-of-tariffs-on-the-insurance-industry

https://www.businessinsurance.com/tariffs-will-drive-up-costs-for-insurance-markets-experts/

It’s not an issue for up to 20% of Florida homeowners. They found a brilliant workaround and decided not to play into the hands of insurance agents and instead, put themselves into the “hands of God”, by eschewing home insurance altogether. They are just going to roll the dice and if a tree lands on their 1980’s build, it is what it is.

https://www.wusf.org/politics-issues/2025-01-12/central-florida-homeowners-join-rising-trend-opting-out-of-property-insurance

[Anonymous]

Anonymous wrote:Are we winning yet? Good luck, Florida 👍🏼

https://www.brickergraydon.com/insights/publications/the-impact-of-tariffs-on-the-insurance-industry

https://www.businessinsurance.com/tariffs-will-drive-up-costs-for-insurance-markets-experts/

Florida voted for this. Enjoy!